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    Iris Biotechnologies Announces That the Japanese Patent Office Has Issued a Notice of Allowance of Its Key Patent Application – Artificial Intelligence System for Genetic Analysis

    Investing News Network
    Jun. 13, 2016 08:48AM PST
    Genetics Investing

    SANTA CLARA, Calif.–(BUSINESS WIRE)–Iris Biotechnologies announces that the Japanese Patent Office has issued a notice of allowance of its Artificial Intelligence System for Genetic Analysis to be granted as a patent. This follows the issuance of a family of patents in the US, EU, Canada, Hong Kong, Australia, and New Zealand. A critical mass of …

    SANTA CLARA, Calif.–(BUSINESS WIRE)–Iris Biotechnologies announces that the Japanese Patent Office has
    issued a notice of allowance of its Artificial Intelligence System for
    Genetic Analysis to be granted as a patent. This follows the issuance of
    a family of patents in the US, EU, Canada, Hong Kong, Australia, and New
    Zealand.
    A critical mass of scientific knowledge, instrumentation and affordable
    computing power is at hand, yet a critical piece has been missing which
    Iris is now able to provide: smart integration of genomic, proteomic,
    lifestyle, family history and environmental information. Iris is poised
    to play a leading role in answering the unmet needs of a
    multi-billion-dollar market.
    “Compared to when Iris Biotechnologies common stock (IRSB) was trading
    at $4.50 per share, the Company now has more patents worldwide and is
    planning to launch the first Iris Wellness Labs this summer,” said Iris
    CEO Simon Chin. To read more about Iris Wellness services, please visit
    ir.irisbiotech.com under Quick Links.
    About Iris Biotechnologies Inc.
    Iris Biotechnologies Inc. (OTC MKTS: IRSB), unlike other life sciences
    companies, focuses on providing accurate, affordable precision
    healthcare through comprehensive analysis of the whole person inside and
    out. Iris offers the best approach to the treatment of cancer and other
    diseases through incorporating DNA, RNA and protein analysis with a
    patient’s medical records, family medical history, life style and
    environmental exposures. Iris enables personalized, cost-effective
    healthcare and is the future of precision medicine.
    Forward-looking Statements
    Statements in this presentation about the Company’s expectations,
    applications of its technology, markets, launch of tests and other
    statements that are not historical facts are “forward-looking
    statements” within the meaning of Section 27A of the Securities Act of
    1933 and Section 21E of the Securities Exchange Act of 1934 and are
    based on management’s current beliefs, assumptions, estimates and
    projections. Actual results may differ materially from those projected
    in the forward-looking statements for various reasons, including risks
    associated with product and test development, test transfer to
    contracting labs, government regulation, market acceptance, limited
    commercial experience, dependence on key personnel, obtaining financing
    and other factors discussed in the Company’s periodic reports filed with
    the Securities and Exchange Commission.

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